The Kuwait Capital Markets Authority has issued a decision granting Al-Ruwaih & Partners Financial and Administrative Consulting preliminary approval to undertake the securities activity of investment adviser. The approval gives the firm a temporary window to satisfy the authority's standards and other licensing conditions before a full licence is issued. The preliminary approval is valid for six months, renewable, from 4 May 2026 to 3 November 2026. Once the requirements set out in the authority's preliminary approval letter have been completed and the prescribed fee has been paid, the firm will be licensed for three years on a renewable basis from the date the licence certificate is issued.
Kuwait Capital Markets Authority 2026-05-04
Kuwait Capital Markets Authority grants preliminary approval to Al-Ruwaih & Partners for investment adviser licence
The Kuwait Capital Markets Authority has granted Al-Ruwaih & Partners Financial and Administrative Consulting preliminary approval to undertake the securities activity of investment adviser. The six-month renewable approval, effective from 4 May 2026 to 3 November 2026, allows the firm to meet regulatory requirements and pay the prescribed fee, after which it will receive a three-year renewable licence from the date of licence issuance.